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Hong Kong To Begin Free-Trade Agreement Talks With Peru In January

PERU
  • Hong Kong will begin work to strike a free-trade agreement with Peru, the financial hub’s commerce minister has announced, locking in the first success at a high-level regional forum the city intends to leverage to regain its reputation following three years of strict covid rules and political unrest in 2019.
    • “I am confident that the free-trade agreement will help enhance the trade and investment ties between Hong Kong and Peru, and will bring mutual benefits to our two economies,” Hong Kong’s Secretary for Commerce and Economic Development, Algernon Yau Ying-wah, said.
  • Peru is Hong Kong’s fifth largest source of imports, as well as a destination for exports, in Latin America, with the city buying mostly fruits and nuts from Peru. In turn, Peru purchases mostly telecommunications equipment and parts from Hong Kong. (SCMP)
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  • Hong Kong will begin work to strike a free-trade agreement with Peru, the financial hub’s commerce minister has announced, locking in the first success at a high-level regional forum the city intends to leverage to regain its reputation following three years of strict covid rules and political unrest in 2019.
    • “I am confident that the free-trade agreement will help enhance the trade and investment ties between Hong Kong and Peru, and will bring mutual benefits to our two economies,” Hong Kong’s Secretary for Commerce and Economic Development, Algernon Yau Ying-wah, said.
  • Peru is Hong Kong’s fifth largest source of imports, as well as a destination for exports, in Latin America, with the city buying mostly fruits and nuts from Peru. In turn, Peru purchases mostly telecommunications equipment and parts from Hong Kong. (SCMP)